The invention discloses a method for low temperature production of a foam glass product. The method includes: placing the raw material flat glass powder, the foaming agent manganese dioxide, the fluxing agent sodium silicofluoride and sodium carbonate, the foam stabilizer sodium phosphate and carbon fiber into a ball mill to undergo ball milling, preheating the ball milled particles at 430DEG C for 10-20min, controlling the foaming temperature at 750-780DEG C, the heat preservation time at 7-15min, and keeping the annealing temperature at 550DEG C, and the heat preservation time at 30min, and finally conducting cooling to room temperature. Specifically, in terms of the mass of the flat glass powder, the manganese dioxide accounts for 1-5%, the sodium silicofluoride accounts for 3-5%, the sodium carbonate accounts for 3-5%, the sodium phosphate accounts for 5-10%, and the carbon fiber accounts for 1-5%. The foam glass prepared by the invention has a uniform aperture, most of the holes are closed, the performance is excellent, and reaches the use standard. Low temperature firing of foam glass not only can reduce the production cost, but also can greatly improve the production efficiency at the same time.